Bandhan Mutual Fund launches Bandhan Nifty Smallcap 250 Index Fund NFO opens tomorrow
Bandhan Mutual Fund announced the launch of the Bandhan Nifty Smallcap 250 Index Fund, an open-ended fund that tracks the Nifty Smallcap 250 Index comprised of stocks ranked 251-500 by market capitalization.
The fund presents an opportunity to tap into potential multi-baggers and emerging businesses via passive investing.
The New Fund Offer is set to open on Tuesday, December 12, 2023, and close on Tuesday, December 19, 2023.
Investment in the Bandhan Nifty Smallcap 250 Index Fund can be made through licensed mutual fund distributors, online platforms, and directly on the Bandhan Mutual Fund website at https://bandhanmutual.com/nfo/bandhan-nifty-smallcap-250-index-fund/.
Emphasizing why investors should consider investing in the Bandhan Nifty Smallcap 250 Index Fund, Vishal Kapoor, CEO, Bandhan AMC said, “The 1-year annualized returns of the index stood at 32.8% as of November 30, 2023, indicating strong performance, albeit higher volatility. Investors seeking to uncomplicate investing in the small-cap segment, while keeping the cost low, could consider investing in Bandhan Nifty Smallcap 250 Index Fund.”
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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